GPUIL's Q1FY26 update highlights key strategic moves. The company completed GREL's one-time settlement and divested 70% stake in Bajoli Holi, with further divestments in Vemagiri and GREL occurring in July. Its Smart Meter project achieved "Go-Live," installing 13.1 lakh meters and commencing payments. Consolidated income rose 2% YoY to ₹1770 Cr, partly from smart meter revenue. However, EBITDA declined 19% YoY to ₹520 Cr due to the Hyderabad-Vijayawada project handover. GPUIL reported a net loss of ₹35 Cr, with gross and net debt increasing QoQ due to smart meter capex and GREL settlement.